Question

In: Finance

What is the charge out rate for repair shop worker if direct labour is $ 40...

What is the charge out rate for repair shop worker if direct labour is $ 40 per hour and overhead is 120 percent of direct labour assuming there is a zero profit margin?

Select one:

a. $80

b. $48

c. $ 90

d. $88

Solutions

Expert Solution

Labor cost $          40
Overhead ($40*1.20) $          48
Total $          88
Correct Answer =d. $88

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